SEC
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations (such as Regulation Best Interest), enforcement actions and related activities.
Merrill Exec Gets ‘Cease and Desist’ in Biggest Customer Protection Case Ever
By Janet LevauxThe SEC found the executive negligent; Merrill was fined $415 million over leveraged conversion trades involving investors cash.
August 31, 2017
International Regulatory Shift Could Tame Cryptocurrency MarketOn the heels of recent actions by Canadian regulators and the SEC, more countries are regulating digital currency as securities.
August 28, 2017
Walking the WalkFormer "lobbyist-lite" Knut Rostad tells fiduciary advisors how to stand out.
August 28, 2017
Big Form ADV Changes Coming Soon. Are You Ready?RIAs are bracing for major reporting changes regarding their Form ADVs that begin Oct. 1. An IAA counsel explains some of those changes.
August 25, 2017
SEC Says Broker Stole From Clients to Pay Mortgage, Credit Cards: EnforcementMeanwhile, a hedge fund manager agreed to pay $4.6 million for failing to enforce policies that prevent insider trading.
August 22, 2017
Advisor Lied to Pro Athlete About ‘VIP’ Fees: SECThe advisor told the athlete and his wife that they were paying a special rate but charged them $1.2 million more than represented, SEC says.
August 18, 2017
SEC Slams Banca IMI Securities With $35M Fine Over ADRsBrokerage firm "made it possible for such ADRs to be used for inappropriate short selling or inappropriate profiting around dividend record dates," SEC said.
August 16, 2017
SEC Issues More Guidance on Form ADV ChangesIM Division provides guidance on new filing requirement for firms that file an other-than-annual amendment.